The automobile industry of the US is in desperate trouble, largely of its own making--What is to be done?

摘要

The question was put by Los Angeles Times staff writer Ken Bensinger in late October of 2008. The downward spiral of the US auto industry was accelerating. To save itself, General Motors was seeking a merger with Chrysler. Chrysler had talked with Renault and Nissan about partnerships. "And now," wrote Mr Bensinger, "Ford Motor Co, GM, and Chrysler - backed by Detroit-area legislators - are lobbying Washington to give them cash, implying that failure to provide a bailout could doom the industry to bankruptcy." ("The End of the Road for US Car Makers?" 28~(th) October)